Volvo China sales jump 36% in October
GOTHENBURG, Sweden -- Volvo Car Corp. says its China sales jumped 36 percent year-on-year in October to 6,917 units, as demand remained strong for its sedans and crossovers.
GOTHENBURG, Sweden -- Volvo Car Corp. says its China sales jumped 36 percent year-on-year in October to 6,917 units, as demand remained strong for its sedans and crossovers.
The Swedish automaker's top-selling model in China last month was the S60L sedan, followed by the XC60 crossover.
In the first ten months, Volvo China sold 65,827 units, up nearly 36 percent over the year-ago period. For the full year, the company is targeting sales of 80,000 units.
China has become Volvo's top global market, outpacing the United States and Sweden.
Volvo, which was purchased by Zhejiang Geely Holding Group Co. in 2010, has prospered in China since it began local production.
The company's assembly plant in Chengdu produces the S60L sedan, and a second plant in the northeast China city of Daqing is ramping up production of the XC90 SUV.
The Swedish automaker's top-selling model in China last month was the S60L sedan, followed by the XC60 crossover.
In the first ten months, Volvo China sold 65,827 units, up nearly 36 percent over the year-ago period. For the full year, the company is targeting sales of 80,000 units.
China has become Volvo's top global market, outpacing the United States and Sweden.
Volvo, which was purchased by Zhejiang Geely Holding Group Co. in 2010, has prospered in China since it began local production.
The company's assembly plant in Chengdu produces the S60L sedan, and a second plant in the northeast China city of Daqing is ramping up production of the XC90 SUV.
